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FrancisTham
2021-05-25

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Cathie Wood Ditched Virgin Galactic Stock Right Before It Surged

(Bloomberg) -- Cathie Wood has just missed out on a blistering rally in Virgin Galactic Holdings Inc

Cathie Wood Ditched Virgin Galactic Stock Right Before It Surged

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The VanEck Vectors Social Sentiment ETF (BUZZ) also sold its holdings in Virgin Galactic just before the rebound.</p>\n<p>The Dave Portnoy-backed fund, which picks stocks based on favorable sentiment detected in social media and blogs, sold its remaining shares in Branson’s company last week, the data show.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Ditched Virgin Galactic Stock Right Before It Surged</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood Ditched Virgin Galactic Stock Right Before It Surged\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-25 21:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/cathie-wood-ditched-virgin-galactic-125808565.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Cathie Wood has just missed out on a blistering rally in Virgin Galactic Holdings Inc., in a rare misstep for one of Wall Street’s biggest proponents of futuristic technologies.\nAs ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cathie-wood-ditched-virgin-galactic-125808565.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://finance.yahoo.com/news/cathie-wood-ditched-virgin-galactic-125808565.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161651475","content_text":"(Bloomberg) -- Cathie Wood has just missed out on a blistering rally in Virgin Galactic Holdings Inc., in a rare misstep for one of Wall Street’s biggest proponents of futuristic technologies.\nAs Virgin Galactic’s dramatic rebound gathered pace in the last three days -- culminating in a 28% surge on Monday -- her firm Ark Investment Management slashed its remaining stake to just 45 shares, according to data compiled by Bloomberg.\nThe money manager has been gradually selling from May, after Richard Branson’s space-travel company plunged on technical issues and rising competition from rivals funded by Jeff Bezos and Elon Musk.\nIt held more than 1.7 million shares worth over $100 million when the company notched its all-time high in February. 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Cathie Wood Ditched Virgin Galactic Stock Right Before It Surged

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